Browse direct sales, network marketing and work-from-home news from November 2024.
The Gold family, which has owned Ann Summers for more than 50 years, is exploring options for the lingerie and adult products retailer that could include selling a partial or majority stake. The family is reported to be close to hiring corporate advisory firm Interpath to run a strategic review that could lead to th...
Read full storyAnn Summers has made a small number of its more than 1,000 employees redundant to reduce costs, while its family owners have put GBP 5 million of new funding into the loss-making business. Up to 30 roles are understood to be affected, mainly in head office operations. Staff in the company's 80 stores are not affecte...
Read full storyTORONTO and NEW YORK -- November 7, 2024 The Real Brokerage Inc. reported third-quarter 2024 revenue of 372.5 million dollars, up 74 percent from 214.6 million dollars a year earlier, and a net loss attributable to owners of 2.6 million dollars, narrower than the 4.0 million dollar loss a year ago. Gross profit rose...
Read full storyNEW YORK, November 27, 2024 -- Party Products LLC, formed by a group of secured lenders to Tupperware Brands Corporation, said it completed the acquisition of certain Tupperware assets, including global rights to the brand name and related intellectual property and operations in core geographic markets. Party Produc...
Read full storySAO PAULO, November 27, 2024 -- Natura &Co said it reached an agreement in principle on a global settlement with the Official Committee of Unsecured Creditors of Avon Products Inc. and affiliated debtors in Avon's U.S. Chapter 11 proceedings. Under the proposed deal, subject to final documentation and bankruptcy-cou...
Read full storyGOTHENBURG, Sweden, November 19, 2024 -- Zinzino reported third-quarter 2024 revenue of 532.8 million kronor, up 22 percent from 436.9 million kronor a year earlier, or 24 percent in local currencies. EBITDA fell to 63.0 million kronor from 71.2 million kronor, and the EBITDA margin narrowed to 11.8 percent from 16....
Read full storyEL SEGUNDO, Calif., November 12, 2024 -- The Beachbody Company reported third-quarter 2024 revenue of 102.2 million dollars, down 20.3 percent from 128.3 million dollars a year earlier. Net loss narrowed to 12.0 million dollars from 32.7 million dollars and included 9.2 million dollars of restructuring costs tied to...
Read full storyFLOWER MOUND, Texas, November 12, 2024 -- Mannatech reported third-quarter 2024 net sales of 31.7 million dollars, down 2.5 percent from 32.6 million dollars a year earlier, or 1.2 percent in constant currency, as weaker Asia Pacific demand offset cost cuts. The company posted a net loss of 0.3 million dollars, or 0...
Read full storyLOS ANGELES, November 11, 2024 -- A Riverside County, California, jury awarded Cresden LLC more than 164 million dollars against LuLaRoe and related defendants after a two-month trial, plaintiffs' counsel Bird Marella announced. Cresden will also seek attorney fees as the prevailing party. The jury found that the de...
Read full storySEOUL, South Korea, November 8, 2024 -- Coway reported third-quarter 2024 consolidated revenue of 1,100.3 billion won, up 9.2 percent from a year earlier, and operating profit of 207.1 billion won, up 6.0 percent. Cumulative 2024 revenue reached 3,184.4 billion won, up 7.5 percent, with operating profit of 612.0 bil...
Read full storyBELLINGHAM, Wash., November 7, 2024 -- eXp World Holdings reported third-quarter 2024 revenue of 1.2 billion dollars, up 2 percent from a year earlier. Net loss from continuing operations was 6.5 million dollars, or 0.04 dollars per diluted share, after an 18.0 million dollar litigation contingency provision tied to...
Read full storyPROVO, Utah, November 7, 2024 -- Nu Skin Enterprises reported third-quarter 2024 revenue of 430.1 million dollars, down 13.8 percent from 498.8 million dollars a year earlier, including a 3.4 percent foreign-exchange headwind. Diluted earnings per share were 0.17 dollars, compared with a loss of 0.74 dollars a year ...
Read full storySAO PAULO, November 7, 2024 -- Natura &Co reported third-quarter 2024 total revenue of 6.0 billion reais, up 18.5 percent in constant currency and 17.4 percent in Brazilian reais, led by Natura Brazil and a rebound at Avon cosmetics, fragrance and toiletries. Recurring EBITDA rose 52 percent to 870 million reais, wi...
Read full storyLEHI, Utah, November 7, 2024 -- Nature's Sunshine Products reported third-quarter 2024 net sales of 114.6 million dollars, up 3 percent from 111.2 million dollars a year earlier, or 4 percent in constant currency. GAAP net income attributable to common shareholders rose to 4.3 million dollars, or 0.23 dollars per di...
Read full storyDULUTH, Ga., November 6, 2024 -- Primerica reported third-quarter 2024 total revenues of 774.1 million dollars, up 11 percent, and net income from continuing operations of 194.7 million dollars, or 5.72 dollars per diluted share, up 31 percent. Diluted adjusted operating earnings per share rose 28 percent to 5.68 do...
Read full storyBALTIMORE, November 4, 2024 -- Medifast, parent of Optavia, reported third-quarter 2024 revenue of 140.2 million dollars, down 40.6 percent from 235.9 million dollars a year earlier. Independent active earning Optavia coaches fell 36.3 percent to 30,000, and revenue per active earning coach slipped to 4,672 dollars ...
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